http://netvouz.com/tommot/tag/right?feed=rss tommot's bookmarks tagged "right" on Netvouz http://www.riskglossary.com/link/option.htm An option is a contract, or a provision of a contract, that gives one party (the option holder) the right, but not the obligation, to perform a specified transaction with another party (the option issuer or option writer) according to specified terms. The owner of a property might sell another party an option to purchase the property any time during the next three months at a specified price. A lease might contain a provision granting the renter the option to extend the lease for an additional year. A corporate bond might have an option provision allowing the issuer to purchase the bond back from the purchaser five years prior to maturity for a specified price. A speculator might purchase an option to sell at any time during the next three months 100 sha... stock option broker > learn tommot Tue, 20 Nov 2007 23:45:12 GMT http://www.investorwords.com/3477/option.html option - definition of option - The right, but not the obligation, to buy (for a call option) or sell (for a put option) a specific amount of a given stock, commodity, currency,... stock option broker tommot Tue, 20 Nov 2007 23:43:30 GMT